---
title: "The 10-year U.S. Treasury yield fell by about 4 basis points on the day the U.S. PCE inflation data was released, but it has still increased by more than 12 basis points this week"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/222977820.md"
description: "The yield on the U.S. 10-year Treasury bond fell by about 4 basis points on the day the PCE inflation data was released, reporting at 4.5222%, with a cumulative increase of over 12 basis points this week. The yield on the two-year Treasury bond fell by 0.63 basis points, reporting at 4.3102%. The Federal Reserve continued to trade sideways before cutting interest rates, and after Powell mentioned the possibility of pausing rate cuts, the yield briefly rose to 4.5923%"
datetime: "2024-12-20T23:23:26.000Z"
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  - [zh-CN](https://longbridge.com/zh-CN/news/222977820.md)
  - [en](https://longbridge.com/en/news/222977820.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/222977820.md)
---

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# The 10-year U.S. Treasury yield fell by about 4 basis points on the day the U.S. PCE inflation data was released, but it has still increased by more than 12 basis points this week

On Friday (December 20), at the New York close, the yield on the U.S. 10-year benchmark Treasury bond fell by 3.99 basis points to 4.5222%, remaining in a downward trend throughout the day. It dropped to 4.4823% at 00:59 Beijing time. For the week, it accumulated an increase of 12.55 basis points. Before the Federal Reserve announced a rate cut on December 18, it had been fluctuating around the 4.4% level. After Powell discussed the possibility of the FOMC pausing rate cuts, it briefly rose to 4.5923%.

The yield on the two-year U.S. Treasury bond fell by 0.63 basis points to 4.3102%, showing a V-shaped trend throughout the day. After the release of the PCE inflation data favored by the Federal Reserve, it quickly dropped to 4.2465% at 21:32, accumulating an increase of 6.54 basis points for the week, trading overall in the range of 4.2067% to 4.3609%

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